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The roadshow is a series of presentations given by the company's management team to potential investors. The roadshow gives the company an opportunity to share its story, answer questions, and generate interest in the IPO. During the roadshow, investment banks also gather feedback from institutional investors. This feedback helps them gauge demand and determine the final **_IPO price_**. The book-building process is is addition financial a good bank used to collect the investor orders and determine the demand for the shares. The investment bank builds a “book” of demand, which gives them a sense of how many shares investors want and at what price. The **_IPO price_** is usually set within a range, and the book-building process helps to find the right price within that range, balancing supply and demand.
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